Yes, Travelers Intellidrive does track speed using a smartphone app. Travelers Intellidrive also raises car insurance premiums for poor driving, so drivers who have a habit of speeding may want to reconsider using this telematics program.
What Travelers Intellidrive Tracks
Time of day you typically drive
In addition to raising your rates due to speeding while using Intellidrive, Travelers will increase your premiums for things like speeding tickets, at-fault accidents and moving violations since these activities are reported on your driving record and could classify you as high-risk. As a result, practicing safe driving is the best way to keep your premiums low.
You can save up to 30% initially with Travelers Intellidrive and then are eligible for additional discounts depending on your driving habits. Travelers Intellidrive monitors things like speeding and braking to determine how much a driver is eligible to save.
Considering that normal car insurance from Travelers costs an average of $58 per month, trying Travelers Intellidrive may be an easy way for drivers to save on their premiums. But it should be noted that Travelers Intellidrive will raise rates for poor driving, so less-than-perfect drivers may want to reconsider their driving habits before signing up for Intellidrive from Travelers.… read full answer
Yes, Travelers Intellidrive can raise rates for poor driving habits, such as distracted driving or speeding. Customers can save a lot of money each year on their premiums by driving responsible while using Travelers Intellidrive, though.
How to Avoid Higher Rates with Travelers Intellidrive
The best way to avoid increased rates when using Intellidrive is to practice safe driving. This includes minimizing rapid acceleration and hard braking, driving less overall, and not driving at night or on weekends.
Your Travelers rate could have gone up for many reasons, such as a recent claim or a new driver being added to the policy. Other factors that could cause Travelers to raise your rate include getting into an accident, being convicted of a moving violation, and adding coverage to your policy. Travelers may also raise your premiums for reasons that are beyond your control, such as recent natural disasters, increasing repair and healthcare costs, and crime trends.… read full answer
Top Reasons Why Travelers Raises Rates
New driver or car added to a policy
Recent switch to an expensive car
Relocation to a high-risk zip code
Decline in creditworthiness
How to Lower Your Travelers Insurance
If you’re struggling to afford your Travelers premium, there are a few steps that you can take to lower your rate. You can start by looking for Travelers discounts that you can qualify for, such as the hybrid/electric vehicle or safe driver discount. You can also make changes to your policy, including raising your deductible and reducing your coverage.
Another option is to switch insurance companies. Each insurer calculates rates differently, so you may be able to get the same amount of coverage elsewhere at a lower price. As a general rule, you should get quotes from at least three different companies every 6-12 months to make sure that you’re still getting the best deal.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.